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Fly News Breaks for October 26, 2016
AKAM
Oct 26, 2016 | 07:53 EDT
After Akamai reported stronger than expected Q3 results, SunTrust analyst Greg Miller says that investors' views towards the company have reached a positive turning point since its risks from do-it-yourself are dropping, while tis security business is "rapidly accelerating." The analyst raised his price target on the shares to $72 from $66 and keeps a Buy rating on the stock.
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